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Corporate Social Responsibility

Olive Lifesciences is a health care organization based out of Bangalore in India specializing in standardized herbal extracts, nutraceutical formulations and cosmeceutical products for the last five years. We are engaged in the entire spectrum of activity right from the cultivation of medicinal plants, their processing and extraction.

 

The success of any herbal based product is dependent on the ready availability of high quality medicinal herbs. Keeping this in mind, we at Olive Lifesciences have ventured into the area of contract farming. This activity of ours is very fulfilling in two ways- in addition to ensuring the availability of quality raw material it also helps us at Olive Lifesciences to give back to society as part of our Corporate Social Responsibility to the most deserving class of people in our society viz. the farmer.

We have directly engaged over 5,000 farmers in South India in the cultivation of medicinal plants spread over an area of more than 10,000 acres. This activity of ours has resulted in numerous benefits to the farmer community leading to better income levels and thereby improving standard and quality of lives. The numerous benefits accruing out of this activity are listed below:

Better Remuneration:
We enter into a direct buy back agreement with farmers to ensure better returns to them, without  the intervention of middle man or an agent. We do this by advancing money to the farmers right from the onset of the agreement and also disburse payments at periodic intervals to take care of all their needs.

Latest Farming Methods:
We provide the farmers with high quality seeds, bio fertilizers and bio pesticides in addition to educating them about Good Agricultural Practices. This ensures optimum yield from the land to thereby increasing his earnings.

 

Assured Income:
Our agreement with the farmers assures them a fixed income thereby bringing them the greater stability.

Organic and Safe Farming Methods:
We encourage the use of bio pesticides and bio fertilizers to ensure that the soil integrity is preserved for sustainable farming operations. This in turn ensures that the period of inactivity where the farmer is unable to cultivate his land due to indiscriminate usage of chemical pesticides is avoided, thereby safeguarding the interest of the farmer.

 

Farmer Free From Debt Trap:
The bane of falling prey to the unscrupulous middle man and money lenders due to lack of finance has been avoided by this model of contract farming.

Better Quality of Life:
The better remuneration and assured incomes have directly resulted in the overall improvement in the quality of life of the farmers families too. The children are able to attend school regularly and all their health related requirements are being taken care.

Medical Camps:
We conduct medical camps for the farmers and their families, where in addition to their routine illness being treated they are also, given tips about basic cleanliness, hygiene and other preventive methods.